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Contributor
Posts: 228
Registered: ‎07-30-2011
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Re: How to transform Visa to Visa Signature

Will it take a HP to go from Visa to Visa Signature?

Garden Mode... kind of... sort of (•‿•)
Valued Contributor
Posts: 1,462
Registered: ‎09-01-2011
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Re: How to transform Visa to Visa Signature

[ Edited ]

CreditScholar wrote:
The United MP Club card is available in WEMC, but only for those who PCed from the old presidential plus and requested to keep their MC number. I did for mine and it stayed as a WEMC.

Yeah I forgot to mention that alongside PP, but technically neither is currently available so I shouldn't have even bothered lol


nenuco wrote:

Will it take a HP to go from Visa to Visa Signature?


AFAIK Chase doesn't HP for a PC, that's what they consider a Visa Platinum to Visa Signature conversion.

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Posts: 3,355
Registered: ‎10-19-2012
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Re: How to transform Visa to Visa Signature


SwampSystems wrote:

nenuco wrote:

Did you do one before the other (CLI + Visa Upgrade), or both at the same time? 


First I got a CLI to $4,500 through underwriting after being initially denid. That was exactly 3x my previous limit, so I didn't dare ask for the full $5,000. Then I called the Chase Executive Office and explained that I was interested in converting to a Signature card. I told them that I understood they usually want (but do not require) a $5k limit to do it, but that if it came down to it, I would take the upgrade to Signature over bumping up to $5k.

 

They called me back a few days later and were able to successfully give me both the $5k limit and the Signature upgrade. Note that I said they do not require $5k -- I have a coworker who was approved for a Freedom Signature card with a limit less than $3k. That was at application time though; they do generally want you to have a $5k limit if you want to upgrade.


Interesting - I always thought that 5k was the lower bound. Thanks for the counter-evidence :smileyhappy:

Contributor
Posts: 322
Registered: ‎10-19-2012
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Re: How to transform Visa to Visa Signature


cashnocredit wrote:

webhopper wrote:

nenuco wrote:

Would this be considered a full on PC? It seems unlikely as you would keep the same CC #. She seems to not be very helpful as she tells you to apply for another one, but then goes on to say you can't apply for the same card twice. I guess the best thing to do would be to wait 12 months... I may ask for a CLI first then an upgrade to the Visa Signature as I don't want them to be like: "One or the other"


I decided to just wait...  My card was opened in Feb, so I just have to wait a few more months.  In the meantime, NFCU upgraded me


webhopper,

What they told you is correct. It's a full PC.  The card number changes because they charge different rates for different categories of rewards (and non-rewards) cards. It's a way to flag you  as a potential big spender and hence justify higher merchant fees.

 

cnc


wait so your telling me that I didn't get a full PC when I PC'd my Freedom card to a Freedom Signature?  My account number stayed the same.

AMEX Platinum, AMEX Blue cash (10k), AMEX Delta (10k), US Bank Premier Line (14.5k), US Bank Cash + (7.5k), Chase Freedom (5k), Fred Meyer Rewards Visa (7.5k), US Bank Flex Perks Travel Rewards (5k), Discover IT (9.5k), Chase Sapphire Preferred (8k), Alerus Financial Visa Signature issued by Elan (10k), BofA Cash Rewards (10k), Citi Thankyou Pref (6.5k) TU FICO Score = 807, EQ FICO Score = 780, EX FICO Score = 780,
CreditKarma score = 785, CreditSesame score = 773, Vantage = 903
Established Contributor
Posts: 2,112
Registered: ‎09-25-2011
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Re: How to transform Visa to Visa Signature


SwampSystems wrote:

nenuco wrote:

Did you do one before the other (CLI + Visa Upgrade), or both at the same time? 


First I got a CLI to $4,500 through underwriting after being initially denid. That was exactly 3x my previous limit, so I didn't dare ask for the full $5,000. Then I called the Chase Executive Office and explained that I was interested in converting to a Signature card. I told them that I understood they usually want (but do not require) a $5k limit to do it, but that if it came down to it, I would take the upgrade to Signature over bumping up to $5k.

 

They called me back a few days later and were able to successfully give me both the $5k limit and the Signature upgrade. Note that I said they do not require $5k -- I have a coworker who was approved for a Freedom Signature card with a limit less than $3k. That was at application time though; they do generally want you to have a $5k limit if you want to upgrade.


did they do a hardpull?


total credit limits $108,400 Credit scores Ex 728 EQ 738 TU 758
Valued Contributor
Posts: 1,162
Registered: ‎07-18-2009
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Re: How to transform Visa to Visa Signature

[ Edited ]

RonDawg wrote:

cashnocredit wrote:

webhopper wrote:

nenuco wrote:

Would this be considered a full on PC? It seems unlikely as you would keep the same CC #. She seems to not be very helpful as she tells you to apply for another one, but then goes on to say you can't apply for the same card twice. I guess the best thing to do would be to wait 12 months... I may ask for a CLI first then an upgrade to the Visa Signature as I don't want them to be like: "One or the other"


I decided to just wait...  My card was opened in Feb, so I just have to wait a few more months.  In the meantime, NFCU upgraded me


webhopper,

What they told you is correct. It's a full PC.  The card number changes because they charge different rates for different categories of rewards (and non-rewards) cards. It's a way to flag you  as a potential big spender and hence justify higher merchant fees.

 

cnc


wait so your telling me that I didn't get a full PC when I PC'd my Freedom card to a Freedom Signature?  My account number stayed the same.



As Swamp pointed out earlier, Chase doesn't change card numbers when upgrading to Siggy. Some banks do, some don't have different card prefixes for NSPL credit cards. Chase doesn't. It's still considered a PC though.

 


I have reestablished credit over the last couple years
so my moniker is, well, rather out of date.

WM Discover $1800, WF Plat 12k, Chase Freedom Siggy18k, Amex Plat (60k H/B), Citi AA EWMC 25k
Blogger
Posts: 3,355
Registered: ‎10-19-2012
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Re: How to transform Visa to Visa Signature


cashnocredit wrote:

RonDawg wrote:

cashnocredit wrote:

webhopper wrote:

nenuco wrote:

Would this be considered a full on PC? It seems unlikely as you would keep the same CC #. She seems to not be very helpful as she tells you to apply for another one, but then goes on to say you can't apply for the same card twice. I guess the best thing to do would be to wait 12 months... I may ask for a CLI first then an upgrade to the Visa Signature as I don't want them to be like: "One or the other"


I decided to just wait...  My card was opened in Feb, so I just have to wait a few more months.  In the meantime, NFCU upgraded me


webhopper,

What they told you is correct. It's a full PC.  The card number changes because they charge different rates for different categories of rewards (and non-rewards) cards. It's a way to flag you  as a potential big spender and hence justify higher merchant fees.

 

cnc


wait so your telling me that I didn't get a full PC when I PC'd my Freedom card to a Freedom Signature?  My account number stayed the same.



As Swamp pointed out earlier, Chase doesn't change card numbers when upgrading to Siggy. Some banks do, some don't have different card prefixes for NSPL credit cards. Chase doesn't. It's still considered a PC though.

 


Now that's really strange because usually you can find out the non-reward benefits of your card based on the first 10 digits of the account number, and clearly the Siggy has more benefits than a regular  Visa....

 

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